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LOMBARD INSURANCE COMPANY LIMITED - LOM01 - Interest Rate Reset

Release Date: 03/03/2016 10:29
Code(s): LOM01
Wrap Text
LOMBARD INSURANCE COMPANY LIMITED
Bond Code: LOM01
ISIN No: ZAG000121609

INTEREST RATE RESET: LOM01


Notice is hereby given that the 3 month JIBAR rate as at 25 February 2016 is 6.992% p.a. ('JIBAR').
Accordingly, the next interest payment, payable on 25 May 2016 (*Following), for the period 25 February 2016 to 24 May 2016, will be calculated based on the rate of 11.742% p.a. (475bps over JIBAR).
* When the Interest Payment Date falls on a non-business day, such Interest Payment Date shall be postponed to the next business day or brought forward to the business day prior to the non-business day on which the Interest Payment Date falls due; depending on circumstances. Next reset date: 25 May 2016. 3 March 2016 Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)
Date: 03/03/2016 10:29:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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